CMC Markets App – Review, Top Features, Benefits, Set-up Process & more
Find out all details about CMC Markets App here.
It’s an irresistible fact that finding the best broker app has always been a daunting task. A modest ignorance can easily put you into a losing state.
Even though mobile trading has gained a sharpest surge in the past few decades, many opinions continue to drop people into questioning scenarios.
Meanwhile, the CMC Markets mobile app has also been a part of this most arguable debate.
What comes in the app, what features are involved, and how is it best for traders?
Therefore, in this review, we combed through every aspect of this app to wrap up every benefit a trader receives from the app. So let’s dive in.
About CMC Markets App
CMC is an award-winning mobile trading app launched by one of the globally trusted brokers – CMC markets.
Many people claim that it is a brilliant mobile trading app and offers everything a trader needs.
But how much value do their opinions have, we’ll discover thoroughly in this discussion?
Predominantly, the CMC markets app is a CFDs trading app that allows you to trade CFDs on a wide list of assets on the go.
Thus, it is obvious that for beginners with zero experience in trading, the app can become a bit riskier, especially if you plan to play your first trading round with a real amount.
It’s worth noting that more than 72% of traders lose money in CFD trading, which is a big concern.
Despite the app features, brilliant functions, and the smoothest interface (that we discuss next), you can still slip up on a big amount if you don’t invest, keeping a few vital things in mind.
Since this is a CFD app, it’s worth getting a quick overview of its features before dipping toes into the riskiest chore of the market.
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CMC Markets Mobile App – Top Features
Certain activities in a trading environment are hard to perceive until you use the best tools and features specially designed for trader’s support.
CMC markets trading app is well aware of the types of demands a trader, especially CFD traders.
Therefore, the broker seems to be trying its best to add every helpful feature in its trading app. These features include
Access Max of the Giant Market
The broker offers thousands of tradable instruments on its mobile trading platform, a big perk for people who love working with a well-diversified portfolio.
Free demo account
You can even find a demo account by the broker in the CMC markets mobile trading app that is free to use.
There’s no need to drop any hefty amount on deposits or assets since it is an utterly free virtual guide by the broker to help its users get skilled hands at trading.
Advanced Tools for Research-work
Indicators, charts are the most valuable features of a trading platform.
But, the CMC market’s mobile app takes the importance of such useful stuff to a whole new level.
In a nutshell, users can analyze price movements seamlessly and most smoothly on their mobile devices.
Tools for Risk Management
Stop-loss take profits are some essential tools that CMC markets do provide in their mobile trading app.
But in addition to these standard tools, there’s a lot to discover in the mobile solution built by CMC markets for traders.
News services are undoubtedly the best features that every trading platform must have, just like CMC markets offer news features in their trading app.
Though the news you receive isn’t about anything, it is concentrated around every asset you wish to trade.
Users can even create a watch-list at CMC markets app.
Owing to this feature, a trader can catch a quick glimpse of the margins, market hours, spreads, and performance.
The app even includes Push alerts that notify you of varying market moves, such as which types of assets had performed brilliantly in the market, which assets were in the top losers categories, etc.
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How to Set up CMC Markets Trading App?
Setting up a CMC markets trading app isn’t the trickiest thing to do.
Below we share a step-by-step process that helps you kick-start a brilliant mobile trading journey in one go.
- Get ready with a secure Gmail id and password as you’ll need it to sign-up for a trading account at this app.
- Set a strong password that no one could detect
- Check your Gmail account as CMC markets sent you an email for account verification, and click on the verification button.
- You can now use CMC markets features, but you can’t buy, sell or trade assets since you haven’t completed your EKYC.
- Submit your ID proof or driving license. Similarly, mention your home address in brief.
- Once you have entered the asked details for the EKYC process, wait for a few hours, as the broker may take time to verify your authenticity.
- Once your account is fully approved, you can enter the real account and start trading via app.
For some reason, if you don’t want to use a real account, select a demo account alone and learn the basics of trading at CMC markets through a virtual guide.
By doing this, you’ll find ease at the further steps of signing in to a real account.
How to Use CMC Markets Mobile Trading App?
Once you have signed in to your trading account, you can access every feature and function of the CMC markets mobile trading app, from buying, selling to conducting a thorough analysis of the market using special tools, features, etc.
Still, it’s worth carrying on in-depth market research for the assets you wish to trade at the initial stage.
Similarly, draw some helpful insights from charts and technical indicators.
You can even get some of the best investment cues from breaking news shared about every single asset respectively.
Once you think that your research work gives some green signals, it’s no wonder the right time to park your money.
Ensure you take the help of risk management tools provided by this app that brings your portfolio to automation.
The risk management tool includes the profit/stop loss and related features that you can use for your short-term trading goals.
Similarly, let CMC markets app handle the rest of things for you.
Through push alerts, the app sends you notifications regarding your activities inside your portfolio and market.
No wonder you can now better focus on other vital tasks since this fantastic mobile app alone will be your portfolio manager.
Advantages of CMC Markets Forex App
The benefits associated with the usage of the CMC markets forex app are worth noting since this mobile trading platform seems to cater to the needs of every trader. In a nutshell, the major benefits include-
- Access thousand of tradable assets in one go
- Risk management tool cut down the possibility of losses
- Free demo account available
- Charts and technical tools make every trading move more gainful
- Create a watch-list to target a specific set of assets the way you want
- Push alerts ensure you instantly get an idea about your portfolio and market without sign-in to the app
- News and educational tools are a bonus to the traders
CMC Markets App – Conclusion
With a far-sighted vision, the CMC markets group seems to create a dominating presence in the industry.
The app has been gaining recognition among CFDs traders.
From features to excellent functions, traders love the CMC markets trading app for its versatility. If you want to make more from trading landscapes, enter this app.
The app doesn’t just help you trade the assets you choose, but it even supports educational tools that maximize your skills in trading with every passing day.
But before you get started, make sure you are familiar with the cons of CFDs trading, as hardly a few traders become a winner in the market.
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FAQs on CMC Markets Mobile App
Here is the list of FAQs related to the CMC Markets trading app:
What is the CMC market’s mobile app called?
CMC markets app can be downloaded from the Google play store and the Apple app store by simply typing “CMC” in the search bar.
If you don’t find it there, type “CMC markets” on google and download the app from the official CMC markets website.
Do CMC markets provide an iOS App?
Yes, the CMC markets app can be used on Apple devices.
You can download the app simply by visiting the Apple app store and typing “CMC” app in the search box.
Make sure the app has an official CMC logo if you find lots of apps with the same title.
Is the CMC markets app Free to use?
Yes, the CMC market’s app is free to use, but trading comes at a specific cost.
Users are required to submit deposit amounts, including account charges, to get started.
Apart from that, accessing features, charts, tools, and the demo account is free of cost.
How to download the CMC Markets Forex app?
Aspiring traders can download this app from the official CMC markets website since it is a hassle-free way to win.
But you can even download the app from the google play store to get the app on your android phone or the apple app store to get the app for your Apple smartphone.
What features does the CMC markets app have?
The app has some truly unique features which help them build a strategic ecosystem.
Similarly, they could trade their favorite assets based on thorough research work.
From charts for a detailed analysis, tools help you get technical insight, risk management tools, and everything is available. News specific to the asset is a bonus to traders.
Can I trade in Shares via the CMC markets app?
Yes, you can trade shares in CFDs via the CMC markets app. But make sure it comes at risk since 72% of traders don’t make anything but lose when it comes to CFDs trading.
Thus, go ahead with a well-informed plan.
Take the help of news articles, conduct an in-depth market analysis and get yourself on the list of top gainers by making a correct forecast.
Is CMC markets’ Android App good?
Yes, the CMC markets android app is one of the best trading apps since you receive every feature at hand, making your trading activity more gainful in one go.
The app is lightweight and supports advanced features which deliver a lag-free experience to the users.
Still, you need to have the latest android version that supports the app; else, it’s hard to say whether the app will work well for you.
Does the CMC markets app have EKYC Feature?
Yes, CMC markets have an EKYC feature.
The feature restricts users from using the trading account until they submit their ID proof and home address as a part of the EKYC condition.
You can’t proceed with this app and won’t be allowed to trade assets if you don’t qualify for the EKYC process.
Does the CMC markets app provide Tips?
CMC markets is one of the brilliant mobile trading apps made for CFDs traders.
The app supports every feature that engages users, and educational support is a bonus.
The broker offers a demo account on its mobile trading app, where you cover a virtual tour and get tips on how to start trading via app.
Apart from that, traders receive further trading tips from the broker, which is a whole new level thing.
How to Buy Currencies via the CMC markets app?
You can buy currencies via the CMC markets app, as the process is similar to purchasing any asset on a simple trading platform.
But before getting started, consider choosing your domestic currency type for ease.
Also, don’t forget conversion charges since they can affect your profitability.
To ensure your particular calculation task goes with ease, the broker offers you a trading calculator in the app.
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